72-year-old trust fund baby who retired at 50 tries to lecture younger relatives about work ethic, conveniently ignoring a life built on inherited monthly checks and zero work: ‘His sister in law asked: "Don't you have a trust fund?"’

Sometimes a family gathering feels like sitting in the audience at a standup show where the headliner never met a punchline. This family's weekend was a classic. Dad's cousin, now 2 years into his seventies but still living off the kind of trust fund most people think is a myth, launches into a full rant about how kids in their thirties are too lazy to make anything of themselves. Work ethic, discipline, all the quintessential notes, delivered from the comfort of a life that's been paid for, month after month, since he was barely old enough to rent a car.

And in a move that makes proud as a fan of cynicism, in this family they don't let this type of irony slide. The sister-in-law pipes up with what everyone is actually thinking: Don't you have a trust fund? And sure enough, it's true. The man started getting $1,500 a month for life as a teenager, an amount that, especially back then, meant free college, a mortgage that never kept him up at night, and the kind of choices most people never get unless they hit the lottery or inherit a small island.

Years of not doing much led this guy retire at 50 so it's only natural we should all be eager to learn from his extensive experience at nothing all and swallow the riff about hard work he learned on the way to golf?

The hilariously out of touch nature some people are practically born into.

via Jelena Stanojkovic

Image is representative only and does not depict the actual subjects of the story.
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Nothing brings out generational wisdom like never having to sweat the rent. The kids may be tired, but nobody on that sofa has worked harder than a trust fund running itself.
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$DrewNumber Two \> $1,500 isn't much by today's standards, Today, for many people that is a life changing amount of money, especially because it is every month for life no matter what, and it's more than the current minimum wage. If he got that much 50 years ago, today that would be $9,055.76/mo, which is $108,669.12/yr. He would pay taxes but not need to set aside anything for retirement. Additionally, housing and education in particular were much cheaper then, even accounting for inflation. Thi$

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$NubsackJones Let's just say he got it at 20. That's 52 years ago, 1973. The average individual income in 1973 was \~$8k. The average household income was \~$12k. So, in less than 6 months, he got more than the average individual annual wage. In 8 months, he got the equivalent of the average income of an entire household.$

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